Mid-State Industrial Maintenance Announces That It Has Completed the Acquisition of Precision Electric of Lakeland

October 17, 2022 LAKELAND, FL – Mid-State Industrial Maintenance (“Mid-State Industrial Maintenance” or “Mid-State”), a provider of on-site and off-site industrial maintenance and service solutions, today announced that it has completed the acquisition of Precision Electric Company of Lakeland, LLC (“Precision Electric”).

Headquartered in Lakeland, Florida, Precision Electric is a full-service electrical contractor that provides electrical and instrumentation services to the power generating, manufacturing, natural gas, and more industries across the Southeast.

“We believe the acquisition of Precision Electric reinforces our commitment to being a leading provider of electrical and instrumentation as well as automation services to our customers across multiple industries. This is a wonderful growth opportunity for both companies, and I’m excited to welcome the Precision Electric employees to our Mid-State family of companies.” said Shawn Toney, Chief Executive Officer of Mid-State Industrial Maintenance.

With the acquisition, Mid-State will assume operations of Precision Electric’s facility at 3734 DMG Drive in Lakeland, Florida.

Precision Electric is a full service industrial electrical contractor serving Florida and the southeast. Precision Electric Is built on the principles of quality, accountability, and dependability with safety at the forefront. Precision Electric offers the highest quality electrical and instrumentation needs from maintenance to design and construction. Since 1999, the company’s mission has been to instill a sense of ownership, pride and precision in its work while fostering an environment where safety and the value of every employee and customer is paramount.

Mid-State Industrial Maintenance is a leading provider of on-site and off-site industrial maintenance and service solutions. Headquartered in Lakeland, Florida, Mid-State serves as an outsourced maintenance and repair services provider to customers in the chemical processing, phosphate mining, power generation, and many other industries.

Founded in 1973, Mid-State provides design, fabrication, and installation services to the agriculture, energy, and heavy industrial markets throughout North America and the Caribbean. The company resolves critical complex scenarios with efficiency and value-added knowledge that minimize operational downtime and costs.

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